Blackstone's profit surges as dealmaking rebounds, execs signal CRE recovery
Blackstone beat estimates for fourth-quarter profit on Thursday, driven by a pickup in dealmaking, while executives at the world's largest alternative asset manager signaled that the troubled commercial real estate sector was stabilizing.
Blackstone's Q4 Profit Surges as Dealmaking Gathers Momentum, AUM Hits Record High
(Reuters) - Blackstone trounced Wall Street estimates for fourth-quarter profit on Thursday, fueled by a pickup in dealmaking, while the assets under management at the world's largest alternative investment firm reached a record $1.13 trillion.
Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial ...
Financial writer discusses Blackstone's interest in rebounding office market, potential property investments, and strong ...
Blackstone follows an exhaustive and rigorous playbook for appointing CEOs. One woman makes sure it gets done right.
The chief operating officer of the investment giant said high-quality assets in strong markets were being priced at ...
Barry Sternlicht’s Starwood Capital Group has hired former Blackstone Inc. managing director Qahir Madhany, according to a ...
Blackstone Inc (BX) shares up on higher Q4 fiscal year revenues of $4.15B (+56% DE, +76% Fee-related). AUM rose 8%, dividend of $1.44 declared.
Blackstone is nearing an agreement to purchase a Midtown tower, which would mark a return to New York office dealmaking for the world’s biggest real estate investor.
Blackstone Inc., the world’s largest commercial property owner, said the worst is over for the global office market after a prolonged slump fueled by the pandemic.
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